Shares of GameStop (GME) fell Monday as investors reacted to news about 澳洲幸运5开奖号码历史查询:Keith Gill, the investor known as "Roaring Kitty" who was one of the key drivers of the 澳洲幸运5开奖号码历史查询:meme-stock craze of late 2020 and early 2021.

Gill faced a potential class-action lawsuit, filed late last week, over alleged manipulation of GameStop's share price. Investors may also think Gill has moved on from the video-game retailer after 澳洲幸运5开奖号码历史查询:news of his 6.6% stake in online pet store Chewy (CHWY).

Class-Action Suit𒀰 Over GameStop Trading Dismissed

Gill has faced legal and regulatory questions in the past, testifying before Congress over his role in the original meme-stock craze. The class-action suit was filed in New York last week.

The complaint, which covered traders who bought GameStop shares between May 13 and June 13, alleged that Gill bought a number of call options before 澳洲幸运5开奖号码历史查询:returning to X in May with posts that he likely knew would inflate GameStop's share price. The case was dismissed Monday, according to court documents.

Subsequent reporting has indicated that regulators at the 澳洲幸运5开奖号码历💎史查询:Securities and Exchange C👍ommission (SEC) and in Massachusetts are looking into the trading activity around GameStop and his role in it. The Wall Street Journal has also reported that E*Trade and its parent Morgan Stanley (MS) are 澳洲幸💯运5开奖号码历史查询:considering whether Gill's actions constitute market manipulation and warrant removing him from their platform.

Ga🅷meStop ♔shares finished Monday down 5.5% at $23.33.